Contemporary Developments in Business and Management Dissertation

Contemporary Developments in Business and Management - Dissertation Example The dedicated food service worker, chef or manager, almost always finds it to be a rewarding, lifelong career. Thus, so many cookbooks written by these chefs have been published and almost all of them shout out and proclaim their love for this art as if they have finally discovered their nirvana. To the nutritionist, however, food is considered a means of therapy and in hospitals, food is one means of attaining recovery to health. Other than financial rewards, running a restaurant gives to its owner another high i.e. the opportunity to meet all kinds of people and to satisfy their palates via the use of their culinary talents. The restaurant business can be financially rewarding if the restaurateur comes to it prepared with all the knowledge and training and the management skills culled from years of academic training in management or hands-on-training on the same business. So many restaurant entrepreneurs have found their pot of gold in this business with the effect that myriads of other people are encouraged to follow suit. " According to the National Restaurant Association data, the industry is comprised mostly of small businesses. There were almost 731,000 locations offering food service in the USA as of 1993. It is estimated that almost half of all adults are food service patrons on a typical day, and over 43% of the consumers' food dollar goes to meals and snacks away from home. The industry is a major employer- more than 9 million are employed in food service, and employment is expected to reach over 12 million by the year 2005. In 1993, sales of restaurants of all types topped $236 billion" (Alonzo 1996, p. v).

Operation Management asignment Essay Example | Topics and Well Written Essays - 1000 words

Operation Management asignment - Essay Example In formulating and implementing the organisation’s strategy, the operations management takes the organisation through the main strategic levels (Slack 2003, p23). The managers of these departments ensure the strategies are formulated through three different levels. These are the corporate level, the business unit level, and the departmental level. In the corporate level, the operations management plays a role in selecting the businesses that the organisation has to compete. Additionally, in this level, the operations managers often develop and coordinate the growth of business by ensuring the organisation has achieved its overall goals (Robinson 2012, p 56). In the Business Unit Level, the operations management department works independently in coordination of operating units that sustains the competitive advantage of the organisation’s goods and services. It is in this level that the operation managers implement the changes in demand and technologies. They bring on board the strategies that accommodate them (Mahadevan 2010, p 45). The operations management plays a vital role in the departmental level. In this level, the operations managers deal with strategic issues that relate to value chain and business activities. Additionally, in this level, the members of the operations department coordinate the resources that are important for the operations of the business. In any business, managers are aware strategies are important in maintaining the competitiveness and survival of a business. Such situations demand the top leadership of any business to strengthen their operations management section. Consider the Citizens Advice Bureau in England; it is a successful advice corporation, which pursues profits through a range of operations. The company has ten core business segments. For the growth of the business, the corporation must manage its portfolio of businesses. The operations manager